Category: Carrefour
-
Carrefour turns profitable for Electra Consumer Products
•
Electra Consumer Products Company (TSE: ECP), headed by Zvika Schwimmer and part of the Elco Group (TSE: ELCO) controlled by the Salkind brothers, continues to convert its Mega Winote Petan supermarket branches to Carrefour format, and after several years Tough, you’re starting to see the fruits of that effort. In…
-
Carrefour quits Jordan over anti-Israel boycott
•
After a boycott of Carrefour in Jordan in protest against its chain of stores in Israel, the French retail giant has closed all of its stores in the Hashemite Kingdom, Carrefour Jordan announced on its Facebook page, which has 1.1 million followers. The Facebook statement said, “Carrefour will cease all…
-
The woman who took on supermarkets giant Carrefour —and won
•
Njeri Njori enjoys working with rural women. After completing her master’s degree at Birmingham City University in the UK in 2003, she decided to work with women in the dairy industry. The food science specialist will teach the women how to package and label dairy products to increase productivity and…
-
Carrefour loses appeal in abuse of buyer power case
•
The Supreme Court has upheld a decision convicting retailer Majid Al Futtaim Hypermarkets Limited, operating under the name Carrefour, of abuse of buyer power. Judge Anne Onjejo ruled that the retail chain’s conduct against its supplier Orchards Ltd, a yoghurt producer (which has since gone out of business), was exploitative.…
-
Brazil’s Carrefour swings to profit in first quarter By Reuters
•
SAO PAULO (Reuters) – Carrefour Brazil, controlled by France Carrefour (EPA:) announced net profits of 39 million riyals ($7.7 million) for the first quarter, offsetting losses in the same period last year, as rising food inflation pushed up its profits. On an adjusted basis, it also returned to the black…